Global Automobiles Undervalued based on future growth

General Motors

Market Cap: US$66.3b

Designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide.

Mercedes-Benz Group

Market Cap: €56.1b

Operates as an automotive company in Germany and internationally.

Ford Motor

Market Cap: US$52.6b

Develops, delivers, and services Ford trucks, sport utility vehicles, commercial vans and cars, and Lincoln luxury vehicles worldwide.

Hyundai Motor

Market Cap: ₩57.5t

Manufactures and distributes motor vehicles and parts worldwide.

Geely Automobile Holdings

Market Cap: HK$179.0b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

Li Auto

Market Cap: US$20.2b

Operates in the energy vehicle market in the People’s Republic of China.

Aptiv

Market Cap: US$18.1b

Engages in design, manufacture, and sale of vehicle components for the automotive and commercial vehicle markets in North America, Europe, the Middle East, Africa, the Asia Pacific, South America, and internationally.

Tata Motors Passenger Vehicles

Market Cap: ₹1.5t

Designs, develops, manufactures, and sells various automotive vehicles.

Ford Otomotiv Sanayi

Market Cap: ₺340.7b

Engages in the manufacture, assembly, import, export, and sale of motor vehicles and spare parts in Turkey.

Sailun Group

Market Cap: CN¥51.1b

Engages in the research and development, manufacturing, and sale of tires and tire recycling products in China, Europe, the United States, Asia, Africa, and internationally.

Lear

Market Cap: US$5.7b

Designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America.

Yadea Group Holdings

Market Cap: HK$37.5b

An investment holding company, engages in the development, manufacture, and sale of electric two-wheeled vehicles and related accessories under the Yadea brand in the People’s Republic of China.

Mazda Motor

Market Cap: JP¥705.8b

Engages in the manufacture and sale of passenger cars and commercial vehicles in Japan, North America, Europe, and internationally.

Hankook Tire & Technology

Market Cap: ₩6.0t

Manufactures and sells tires in South Korea and internationally.

AIMA Technology Group

Market Cap: CN¥27.9b

Engages in the research and development, production, and sale of electric bicycles, mopeds, and motorcycles in China and internationally.

Valeo

Market Cap: €2.9b

A technology company, designs, produces, and sells products and systems for the automotive markets in France, other European countries, Africa, North America, South America, and Asia.

JTEKT

Market Cap: JP¥516.0b

Manufactures and sells steering systems, driveline components, bearings, machine tools, electronic control devices, and home accessory equipment.

Cheng Shin Rubber Ind

Market Cap: NT$101.9b

Together with subsidiaries, processes, manufactures, and trades in bicycle and electrical vehicle tires, reclaimed rubbers, rubbers and resins, and other rubber products.

Beiqi Foton MotorLtd

Market Cap: CN¥22.9b

Engages in the manufacture and sale of commercial vehicles worldwide.

Shandong Linglong TyreLtd

Market Cap: CN¥22.9b

Designs, manufactures, develops, and sells tires in the People’s Republic of China.

Qingdao Sentury Tire

Market Cap: CN¥21.1b

Engages in the development, production, and sale of tires primarily in China.

Tofas Türk Otomobil Fabrikasi Anonim Sirketi

Market Cap: ₺115.0b

Manufactures and sells passenger cars and light commercial vehicles in Turkey.

Toyota Boshoku

Market Cap: JP¥413.6b

Develops, manufactures, and sells automotive interior systems in Japan, the United States, China, and internationally.

OPmobility

Market Cap: €2.0b

Designs and produces intelligent exterior systems, customized complex modules, lighting systems, energy storage systems, and electrification solutions for all mobility players in Europe, North America, China, rest of Asia, South America, the Middle East, and Africa.

PHINIA

Market Cap: US$2.1b

Engages in the development, design, and manufacture of integrated components and systems.

Gestamp Automoción

Market Cap: €1.6b

Designs, develops, and manufactures metal components for the automotive industry in Western Europe, Eastern Europe, Mercosur, North America, and Asia.

Hankook

Market Cap: ₩2.3t

Manufactures and sells smart energy solutions.

Jiangsu Yunyi ElectricLtd

Market Cap: CN¥10.5b

Researches, develops, manufactures, markets, and sells automotive electronic parts in China and internationally.

Tianneng Power International

Market Cap: HK$9.5b

An investment holding company, engages in the research, development, manufacture, and sale of power batteries for electric vehicle market in the People’s Republic of China and internationally.

Zhejiang Qianjiang Motorcycle

Market Cap: CN¥8.4b

Researches and develops, manufactures, sells, and services motorcycles and accessories in China and internationally.

Streamax Technology

Market Cap: CN¥8.0b

Researches and develops, manufactures, and sells artificial intelligence (AI) powered mobile safety and industrial management solutions for commercial vehicles in China and internationally.

Gentherm

Market Cap: US$1.1b

Designs, develops, manufactures, and sells thermal management and pneumatic comfort technologies in the United States and internationally.

SL

Market Cap: ₩1.6t

Manufactures and sells automotive parts in South Korea, North America, China, India, Europe, South America, and internationally.

XPEL

Market Cap: US$1.0b

Manufactures, installs, sells, and distributes protective films, coatings and related services.

Jiangsu General Science Technology

Market Cap: CN¥7.2b

Jiangsu General Science Technology Co., Ltd.

Kumho Tire

Market Cap: ₩1.4t

Engages in the manufacture and sale of tires in South Korea, Europe, North America, Central and South America, Asia, and internationally.